MYSZ Stock | | | USD 1.44 0.07 4.64% |
My Size financial indicator trend analysis is infinitely more than just investigating My Size recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether My Size is a good investment. Please check the relationship between My Size Total Current Liabilities and its Asset Turnover accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Total Current Liabilities vs Asset Turnover
Total Current Liabilities vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
My Size Total Current Liabilities account and
Asset Turnover. At this time, the significance of the direction appears to have weak relationship.
The correlation between My Size's Total Current Liabilities and Asset Turnover is 0.37. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of My Size, assuming nothing else is changed. The correlation between historical values of My Size's Total Current Liabilities and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of My Size are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., My Size's Total Current Liabilities and Asset Turnover go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on My Size balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of My Size are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from My Size's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into My Size current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy MYSZ Stock please use our
How to Invest in My Size guide.
Issuance Of Capital Stock is likely to rise to about 6.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.2
M in 2024.
My Size fundamental ratios Correlations
Click cells to compare fundamentals
My Size Account Relationship Matchups
High Positive Relationship
High Negative Relationship
My Size fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for MYSZ Stock Analysis
When running My Size's price analysis, check to
measure My Size's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy My Size is operating at the current time. Most of My Size's value examination focuses on studying past and present price action to
predict the probability of My Size's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move My Size's price. Additionally, you may evaluate how the addition of My Size to your portfolios can decrease your overall portfolio volatility.